Investing.com - Daimler reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Daimler announced earnings per share of €2.91 on revenue of €36.44B. Analysts polled by Investing.com anticipated EPS of €3.02 on revenue of €35.53B.
Daimler shares are down 17% from the beginning of the year and are trading at €55.880 , down-from-52-week-high.They are broadly in line with the DAX which is down 17.41% from the start of the year.
Daimler shares gained 2.97% in intra-day trade the report.
Daimler follows other major Consumer Discretionary sector earnings this month
Daimler's report follows an earnings beat by Hornbach on June 29, who reported EPS of €6.14 on revenue of €1.81B, compared to forecasts EPS of €3.09 on revenue of €1.81B.
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